Chris Hall

MAY 10, 2024

In 2015, the group also submitted its first application to the Financial Reporting Council’s (FRC) UK Stewardship Code. “An An approved Stewardship Code status is basically a baseline entry to pitch for institutional business around responsible investment,” Crossman explained.

Stewardship Code 85

Stewardship Code Divestment Net Zero Development 85

Chris Hall

MAY 9, 2023

Areas to be covered include the effectiveness of the FRC’s Stewardship Code in creating a market for stewardship, interaction between the code and existing stewardship-related rules in the FCA Handbook , and stewardship-related issues raised in the UK government’s updated Green Finance Strategy , released in March.

Stewardship Code 52

Stewardship Code Net Zero Sustainable Investment Divestment 52

Chris Hall

MARCH 10, 2022

Trustees should exert their influence over asset managers and investee companies to ensure they are “walking the walk” in terms of adapting their business models to net zero objectives, she said, including encouraging managers to sign up to the UK Stewardship Code.

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

MARCH 13, 2023

But far fewer (13%) are disclosing the impacts of all their portfolios on people and planet, with around half reporting a commitment to divest or reduce holdings or refuse to purchase new debt from “problematic companies”.

Stewardship Code 52

Stewardship Code Divestment Climate Change Development 52

Chris Hall

MAY 17, 2023

A recent Financial Conduct Authority (FCA) discussion paper asked for feedback on possible regulatory change needed to support collaborative engagement and systemic stewardship, while the Financial Reporting Council is due to lead a review of its Stewardship Code. Also speaking at the Stewardship Summit, Mark Manning , Strategic Policy Advisor on (..)

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Chris Hall

JUNE 21, 2022

C) “could incentivise the wrong behaviours” and result in schemes merely divesting the achieve alignment, rather than trying to engage to transition assets. The consultation response was coupled with stewardship guidance to help trustees to more aggressively challenge asset managers on their voting.

Paris Agreement 52

Paris Agreement Stewardship Code Climate Change Divestment 52

Chris Hall

JULY 4, 2023

“There’s been a lot of grumbling from investment managers about vote reporting requests from pension funds in particular,” he said. Samantha Chew, Stewardship Lead at Aegon UK, which is unable to consider divestment of its largely passively-managed portfolio, said poor transparency and timeliness of vote reporting were two longstanding barriers (..)

Stewardship Code 52

Stewardship Code Sustainable Investment Divestment Climate Change 52